© Reuters. Katy Perry-Backed Token Outperforms Bitcoin, Ethereum With 38% Rally On Coinbase Itemizing
Benzinga – Audius (CRYPTO: AUDIO) rallied 38% on Tuesday after the token was listed on Coinbase (CRYPTO: COIN).
What Occurred: AUDIO reached a brand new excessive of $0.36 on Tuesday, the very best value since Aug. 16.
Apex crypto Bitcoin (CRYPTO: BTC) was buying and selling under $23,000, down 2%. Ethereum (CRYPTO: ETH) at $1,547, down 5.81% within the final 24 hours.
See Extra: Greatest Crypto Day Buying and selling Methods
AUDIO costs surged following the announcement that Coinbase has added the token to its platform, giving tens of millions of Coinbase customers the chance to take a position and commerce AUDIO. Nonetheless, up to now, bullish strikes triggered by trade listings had been short-lived.
Audius is a blockchain community constructed on Solana (CRYPTO: SOL). It has cellular and internet purposes the place folks can obtain and stream music, principally from impartial musicians.
Audius raised over $13.6 million from musicians Jayson Derulo and Katy Perry.
Learn Subsequent: Bitcoin, Ethereum, Dogecoin Slide: Analyst Says Apex Crypto In For ‘Very Fascinating’ Rally Or Brief-Time period Pullback
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